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through economic growth, if you grew at 4% a year, reagan levels, instead of 2%, french levels or obama levels, you would net $5 trillion in additional revenue to the government, you could pay down all of obama's additional debt by higher levels of growth, not raising taxes. so there's a lot of money to be gotten from growth. how they do this, we have to see it written down, but because the obama administration and spokesmen have been so emphatic about all taxes and no spending restraint, all taxes and actually spend -- another stimulus, another solyndra stimulus program -- >> i don't think they've mentioned solyndra, grover, but i'm sure they appreciate your mentioning of it. >> they didn't? the whole idea of additional spending rather than spending restrictions -- they could save money by not continuing world war ii as well. so the obama administration is so far out there, that what the republicans are doing is pointing out how reasonable they are, taking bowles' idea, i see he's playing democrat partisan today -- >> part of that is actually putting revenue on the table which speaker
the sequestration hanging over our heads. >> they constantly create a situation, try to blame obama. >> bill: kevin, do you think we dare say look, hold the line and if you don't raise rates on the top 2%, we're not going to make a deal? >> absolutely. hold the line. i'll gladly pay more taxes than to have some rich son of a bitch pay more. >> bill: you and me both. that's all right. i'm willing to do it. i am a patriotic millionaire. i ought to -- i should join the club. thanks, kevin for the call. >> announcer: this is the "bill press show." which was just as you say -- maybe it was starve the beast. i'll look it up during the break. going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of
bag, he found a .22- caliber handgun. the gun was not loaded. >>> president obama took the fiscal cliff to virginia today. he visited a home in fall's church to talk with one family about how ending the bush-era tax cuts for the middle class would affect them. the high school teacher tiffany santana shares the house with her parents, her husband and her son. she recently contacted the white house about how paying $2,200 more in taxes would hurt them financially. >> if this family has a couple of thousand dollars left to spend, that translates into $200 billion of less consumer spending next year and that is bad for businesses large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellip
. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from the president, were imposed on the economy at this time it would lead to recession. >> i think that the p
, news4. >>> in just about an hour, president obama and the first family will flip a switch on the national christmas tree. >> crowds are starting to gather at the ellipse right now. megan mcgrath checked out the events leading up to tonight's big ceremony. >> reporter: one final rehearsal before the big show. among the star-studded lineup, "american idol" winner phillip phillips. also performing, the fray. singer isaac fray said he was stunned when president barack obama first approached him about coming to washington. >> i was here for an event, and the president said, let me get you up here to play a song. i said, okay. >> reporter: this is the 90th annual lighting of the national christmas tree. the tradition started by president calvin coolidge continues tonight as president barack obama and his family flip the switch. while the spirit of the evening is the same, the audience may notice some changes. first of all, the stage has been moved. >> the back drop, i mean, it is accentuated by the tree. and the white house. the executive office building. you know, really showca
would have a merlot, and obama would chew nicorette. >> you point outside in the book somehow when they took the official photo, both of those vanished. >> yes. they had iced tea there for obama. of course, boehner had his seg represent, and they put the cigarette in the ashtray away for the picture, but they have not closed the deal on the personal relations, and that's a shame. i think if somebody, instead of sponsoring your breakfast and all, sponsor a weekly dinner between obama and boehner and everyone would agree to pay for it and let them just talk and get to know each other and see, you know, it's -- >> how much -- >> oh, that's right. what do you think? >> i think that's a great idea. [inaudible] a special room. >> i'm not sure -- [inaudible] >> yeah, okay, but, well, you know, but, i, you know, personal relationships, when john was the fbi spokensman, he was not helpful, but you could talk to him, get him on the phone, and if you had a good story, he'd confirm it by laughing, a deep laugh meant you were on the right track. no laughter meant no. [laughter] >> now, it looks
. >> stephanie: we just took a peek. wow, here is jacki schechner in the current news center. >> president obama is travel to go hatfield, pennsylvania to tour and give a speech at at the factory that makes tinker toys and other connect brands. it's a third generation family business and employs 150 people at that particular facility. the president's visit would highlight the impact that the taxes would affect the season. it's all to garner public support and back republicans into a corner as fiscal cliff negotiations continue. tim geithner went up to the hill yesterday and laid out the president's offer. this is what it looks like. the goal is to get to $1.6 trillion in revenue. letting the tax cuts expire for the top 2% and then raise capital gains. that would bring in $196 billion. and then the tax code over overhaul, and extension of unemployment benefits and more stimulus spending. republicans for their part dismiss the offer immediately calling it unbalanced, and unreasonable. so the question is what kind of leverage do republicans have at this point? talking points memo notes that they do
than drug dealing. >> president obama has declared a major disaster in d.c. after super storm sandy. this opens up federal money to help cover any emergency work and repairs from the powerful storm. the money will be used to invest in measures to protect against future disasters. more funds to open down the road depended on further damage assessment. >> coming up, an attempted steal thousands. police say someone tried to blow up an atm machine. >> starbucks can be expensive and not. we will tell you what the company wants you to spend $400 this holiday season. on one item. >> the showdown over the fiscal cliff. a new poll suggests president obama has the american people's support when it comes to taxing the wealthy. this poll shows nearly half of those surveyed once bush eras tax cuts to expire for those making more than $250,000 a year. the poll was taken last weekend. the questions did lean more to the men -- to the democratic party. eric cantor says republicans want to sit down with the president and talk specifics. president obama spoke with business executives, calling for a ba
proposal by the white house and it is clear that the democrats and president obama cannot could not believe that the republicans would agree to this. so what is going on here? >> well, that's a great question. we are doing this kabuki dance now. obama put this proposal out there so that republicans would have a chance to negotiate with him. he started with this outrageous proposal and look at what we have been able to negotiate. $1.6 trillion in tax increases down to under a trillion dollars. something like that. but there is other thinking that the president simply is not serious -- but he that he wants to go over the cliff and force in 2013, early 2013, put forward after tax rates go up on everyone -- turn around and proposed tax propose tax cuts for those making $250,000 or less p year. and voting against tax cuts for the middle-class. it depends on where you said as to how you see these negotiations playing out right now. megyn: but the white house has maintained in private even to progressive groups, but it does not want to go out thecal cliff. if you believe that? >> it's hard to imag
evening. >> reporter: good evening, president obama tried to sell his plan in the suburbs of philadelphia today. it is a tactic he thinks has worked in the past, but it did very little to sway the congressional republicans. president obama turning up the heat on republicans. >> hello, hatfield. >> reporter: taking his case for higher taxes on the wealthy to pennsylvania today. >> i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: speaking at a factory, mr. obama argued that if congress can't get a deal, taxes will rise about $2,000 average for a family. of coal you get for christmas, that is a scrooje christmas. >> let's not kid ourselves. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, h
limit some deductions. today president obama traveled to falls church. he met with the santana family, a family the president says would be hit hard if congress doesn't extend middle class tax cuts. >> a couple thousand dollars means a couple months' rent for this family. for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> at a senate hearing today one economist backed the republican plan. he testified he can't imagine anyone looking at the president's proposal arguing it wouldn't throw the country into a recession. >> while the impact of going over that fiscal cliff will be far and wide, there's one local jurisdiction that is especially vulnerable. massive spending cuts could lead to huge reductions in federal contractors and that would be a devastating blow to fairfax county. peggy fox explains. >> reporter: northern virginia is the economic engine of the state. what is it that's transformed and built the economy? federal contracting. from 1980
obama dispatched his top economic advisor, his deputy to find out exactly what that price is. and that's treasury secretary timothy geithner net with the top four congressional leaders pelosi, ma con el, mcconnell and reid and he brought a specific plan from the white house with him. that plan from the president in trying to resolve the fiscal cliff asks for, $1.6 trillion in new revenue. and that's supposed to come from raising taxes on the wealthiest. the president's plan asks for an extension of the payroll tax cut. and an extension of unemployment insurance benefits. it asks for a deferral of those automatic sequester cuts to defense spending and to local -- to domestic spend being. and it also asks, i love this one, a multi-year stimulus package, including $50 billion next year, much of that is going to go to recipients creating an infrastructure bank. the president also wants to refinance under water mortgages. and permanently increase the deposit limit without congressional approval every time. the president i
holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say and turn it around. boehner and the republicans have to be aware of where obama's at in his own head and with his colleagues, which is no deal without some increase in rates, or we go over the cliff. >> let me just add one thing. when obama made that initial offer, we talked a little bit about how, you know, it was a wish list. it was ideological, whatever you want to say. i think it actually helped boehner in some respects because it gave him three or four things that he could then go back to his caucus and say, look, i moved obama off of this, this and this. and when boehner put his offer o
obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit ca
, and they are fighting behind the scenes to fan mail. they are so mad that obama has won and they run the risk of their taxes going back to 39.6%. host: does president obama's proposals go far enough to pay the bills? caller: no. i do not know why they are chicken about to raise taxes and deal with entitlements. i have never served in the military. i want all the republicans to hear a democrat saying if we had to put the age for medicare to 67 and deal with entitlements by extending ages going out into the future, i am all for it. host: an independent caller, what do you think? hostcaller: you look lovely. we appreciate it. i started talking about this in july 2011. the gop -- he said they are in violation of their oath of office whenever they refuse to raise the debt ceiling. then when they do it on the floor, they are in violation of u.s. code. by dissenting that argument in public and then recommending the public and the court their views. host: this proposal by republicans does not include any thing to raise the debt ceiling. caller: i know but they are going to have to do that. also, john
for a deficit deal, president obama pressed his case at the home of a middle class family in virginia today, part of his pitch to extend tax cuts for all but the very wealthy. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we update the state of the negotiations and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure th
>>> the news nation is following the exchange of fire. president obama and speaker john boehner are locked in a whatever words this afternoon one day after republicans rebuffed the president's first proposal to overt the so-called fiscal cliff. first up, the president. the president who traveled to a toy company in pennsylvania today to call on congress to extend tax cuts for the middle class. president obama playing a little hardball accusing republicans of playing politics at the expense of american families. >> it's not acceptable to me and i don't think it's acceptable to for you republicans to hold tax cuts hostage because they don't want rates on upper folks to go up. >> john boehner scheduled a last minute news conference. fired back with this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recess
and we wanted it to be cool. again, president the and mrs. obama and the girls have not arrived yet. when they do, the first thing is to get the tree lit. keep it here on fox 5. will? >> all right, sue, thank you. >>> surprised to hear the limos lighting up. the walk across the street. the first family, after all. we'll see you soon. >>> and we do have a little tree lighting history for you. the national christmas tree was placed on the e lips back in december 1923. that was the first one. on christmas eve, president calvin coolidge walkedhouse to light the tree. see, sometimes they do walk. over the years, the national christmas tree was located in sherman park, lafayette park, and on the south lawn of the white house. in 1954, it moved back to the ellipse and the traditional christmas eve lighting was moved to earlier in december. >>> i like to hear a little bit of history. >> yeah. >> it's interesting. the lights on the trees have changeed over the years. maybe later we'll tell you how they different this year. >> are you hinting about l.e.d. lights now? >> yes. >> yeah. >> don't give
performing, the fray. ♪ >> reporter: the singer says he was stunned when president barack obama approached him about coming to washington. >> i was here for an event and the president said hey, we got to get you up here to play a song. i'm like okay. mikhail enradar is free. >> this is the 90th annual lighting of the christmas tree. the tradition started by calvin coolidge as president barack obama and his family flip the switch. the spirit of the evening is the same, the audience may notice changes. the stage has been moved. >> the backdrop is exsen waited by the tree. the white house and executive office building. really showcases many of the features we have here in president's park. >> reporter: the tree itself is new. the blue spruce was destroyed by wind in 2011. the replacement also died. in october, the current tree was planted. all indications are that it's doing well. we are told the lighting scheme on the tree changed. if you were here last year, expect it to be different. the ornaments are different. they changed the lights themselves. they mix it up from year-to-year. for a lo
." caller: good morning. host: please go ahead. caller: i think that they should not care anything for obama because he was such a smart alec during the election that they shouldn't give him a thing. i think they should let it go over the cliff and he wants taxes raised, then he can have it. i think that msnbc really scratched the bottom of the barrel when they gave al sharpton a program. he is the pits. he is awful. host: and randy's an independent in butler, oklahoma. randy, what do you think? g.o.p. says address the spending problem. caller: well, yeah, i think that's part of it. but surely taxes need to go up. half the thing ought to be taxes going up. i don't care if they raise it on me or rich people or everybody, taxes got to go up. right now the military budget is $700 billion, the second biggest spender is china, which means we could cut it 90% and still have a bigger budget than china. that would have saved us 4,405 dead. so everybody knows that military -- my dad was in the army and he knows it, so you know -- well, we don't need to defend the whole world. that's not in our consti
the merlot and nicorette meeting come in other words, boehner would have a merlot and obama which you nicorette. >> you point out in the boat somehow when they took the official photo, both of the spanish. >> yes, they had iced tea for obama. of course boehner had a cigarette and they put the cigarette in the ashtray away from the picture. but they haven't closed the deal on the personal relations and that's a shame. i think somebody said this month during your breakfast, you should sponsor a weekly dinner between obama and honor and everyone would agree to pay for it and let them talk and get to know each other. [inaudible] >> john collingwood. that's right. what do you think? [inaudible] [laughter] >> a special round? well, you know it's a personal relationships, when john was the sba spokesman, he was often not helpful, but you could always talk to him and get him on the phone and if you have a good story, he would confirm it by laughing. a deep laugh that you run the right track. no laughter meant no. >> overlooks lake the tide is going against republicans. >> well, i think in the
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay car
doing anything and that's a major problem in a security issue for the obama administration. >> warner: you were telling me before we came on that you'd seen another video that also suggests that. tell us about that. >> that's right. there was a video released a few days ago in which -- in the video it was an organization fly a black flag, clearly something jihadist saying to europeans and americans "we don't need you, we have these weapons, we'll do it on our own." so our worst nightmare through neglect seems to be coming true in syria. >> warner: quickly, how close is the u.s. to changing its policy at all from what you've been able to discern? >> i think it is on terms of recognizing the government in exile which we -- was formed in doha. in terms of arming the opposition, i'm not sure. it might be something that's been debated to death. there's no action out of the obama administration. we were hoping it was going to happen earlier, it didn't happen and it seems now that the people -- the jihadists and salafists have the arms now including shoulder-fired anti-aircraft systems and t
captioning sponsored by macneil/lehrer productions >> brown: president obama made a campaign-style trip to a toy factory in pennsylvania today, part of his push to sell his plan for higher taxes on the wealthy. good evening. i'm jeffrey brown. >> warner: and i'm margaret warner. on the newshour tonight, we update the searchor deal, even as house speaker john boehner declares the negotiations are "going nowhere." >> brown: then, we turn to another congressional battle. kwame holman reports on sparring in the senate over proposals to change rules blamed for partisan gridlock. >> majority democrats want to put limits on the phil buster, a tactic used to delay legislation but republicans say the tool is key to protecting their minority rights. >> warner: on the eve of world aids day, ray suarez updates the hopes and frustrations in the fight against the deadly disease. >> brown: mark shields and david brooks analyze the weeks news. >> warner: and is the grand canyon 60 million years older than we've long thought? we ask science correspondent miles o'brien. >> brown: that's all ah
of the fiscal cliff. president obama took his argument on the road again today. an update tonight. >> both sides are trying to sway public opinion their way. president obama travels to falls church, virginia and sat down with a kitchen table talk with a family. the vifert was meant to highlight the consequences of letting the tax cuts expire on the middle class. >> if this family has a couple thousand dollars throast spend it is what the consumers are going to be spending next year. >> democratic leaders are arguing in favor of a tax rate hike on the very rich. >> the people who are making this money are willing to pay the extra money. the american people believe they should pay the extra money. >> republican leaders labeling the president as a spendinged a dignity. >> it is about spending more than he already has. >> economists say that joint economic committee hearing turge two sides to compromise. >> you have to nail this down. >> one telling lawmakers it will take a combination of higher tax rates, tax reform, and spending cuts to avert the fiscal cliff. >> i think the president's proposal
. >> and a boost for those >> president obama has declared d.c. a disaster area, opening up federal money to help cover emergency work and repairs from the storm. and to protect against future disasters. chris christie expected to be in d.c. today pressing for more aid following hurricane sandy. the new jersey governor wants full federal reimbursement for some storm-related cost. debris removal may not be able to continue unless fully reimbursed. >> it's 35 degrees. very cold this morning. >> especially compared to last several days. >> you definitely want to dress appropriately for the weather today. the last couple days you probably were in short sleeves by the afternoon. but today you need a long sleeves. you need to bundle up. we have clear skies overhead, so it will end up being beautiful. we have more clouds approaching from the west. that will move in late tonight. temperatures this morning between 25 degrees and 30 degrees colder than yesterday morning, so you feel the difference. 30 degrees at dulles, 27 in gaithersburg, 30 in culpeper. our forecast, mostly sunny. cooler than average, by
ought not to be surprised that mr. obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to get the public and the media on your side in these negotiations. the speaker may be right, it may be a stalemate right now. but that doesn't mean a stalemate can't be broken. >> warner: there was no word
it as well. >>> from there to washington, and new today president obama taking his message directly to the public amid the fierce fiscal cliff fight. after holding a campaign-like stop in pennsylvania friday, the president today is urging congress to extend middle class tax cuts in his weekly address. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress sends it my way. >> the gop is also out today with new criticism of the president's plan. here's republican senator orrin hatch of utah. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending. and an unlimited, unchecked authority to borrow from the chinese. maybe i missed it, but i don't recall him asking for any of that during the presidential campaign. >> j
to avoid the so-called fiscal cliff. president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till th
they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious
obama said the approaching fiscal cliff will add to the holiday stress for american families. the president did not meet with congressional leaders on the fiscal cliff, instead, he met with a local middle class family. danielle lee joins us from capitol hill. danielle? >> reporter: doreen, president obama said he's highlighting the impact of tax heights on the middle class. there's growing pressure to stop the campaigning and sit down face to face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washington, more gridlock. >> it's up to the republicans to decide ho
. president obama and mitt romney just wrapped up lunch in the private dining room at the white house. i want you to watch closely because we caught romney's arrival and there's romney. leaving the white house. about 20 minutes ago. the president first mentioned plans to meet with romney in the election night vingt ri speech talking about it again in the first post-election news conference. >> there may be ideas that he has with respect to jobs and growth that can help middle class families that i want to hear so, you know, i'm not either prejudging what he's interested in doing nor am i suggesting i've got some specific assignment but what i want to do is get ideas from him and see if there's some ways that we can potentially work together. >> that sounds all well and good and adult, doesn't it, candy crowley? our political correspondent. and anchor of cnn's "state of the union." oh, to be a fly on the wall at that meeting. >> i know. >> lasted an hour and a half? >> yeah, yeah. >> do you think it was more of a bury the hatchet or a courtesy call-type of meeting more than substance? >> first
carlson. i hope you have a fantastic weekend. it is it a compromise. is it ready though. obama style. the president makes an offer to avoid the fiscal cliff. lso where are the cuts? we are live in washington with the details. look at that guy. a construction worker walks in a convenience store checks his number and walks out perhaps a multimillionaire. we'll tell it to you straight away. >> officer and a gentleman. you will hear from the cop who spent his hard earned cash to buy a pair of socks and shoes. he pet them on him. "fox and friends" starts right now. ♪ ♪ ho, ho hompt >> indeed. rick it is not christmas time here in new york city until rick descends down one of the tallest buildings in connecticut and there he is. screen left from last year screen right. when he bumped into the building. good morning to you rick. >> some traditions like fruit cake that shouldn't happen . maybe it is one of those tradition. you do it once and this is a building here. give you a shot from the top going down. it gets a little dark there. it gives you an individual. tan ford downtown height
, president obama says he's keeping a list of who's naughty and who's nice in the fight to keep middle class taxes from going up. and asking the public for help in getting through to the ones he sees as naughty. the historic vote at the u.n. puts palestinian hopes for statehood back in the headlines. but will it bring their dream any closer to reality? i'll ask the palestinian prime minister. and if pictures don't lie, you may be watching a power ball winner learning the good news. but who is he? wolf blitzer's off. i'm joe johns. you're in "the situation room." >>> republicans and democrats now have just 32 days to make a deal or your taxes are going up and more than $1 trillion automatically will be cut from vital federal programs like defense, education and housing assistance. as referred to as the fiscal cliff. and when it comes to doing something to avoid it, house speaker john boehner bluntly told reporters today, there is a stalemate. for his part, president obama is trying to break that stalemate by asking voters to put more pressure on the republicans. cnn chief white house correspo
.s. house, spending began to tick back up. and as we entered the obama years, mr. speaker, here is the largest deficit in american history recorded during the bush administration, this is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed
the country could be pushed over the edge. today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> the president proposed a plan that members of his own party won't even vote for. >> now the president does want tax rates to go up on the wealthiest americans. republicans are standing behind their counteroffer to close tax loopholes and limit some deductions instead. they say the president needs to deliver a new plan that congress can pass. >>> let's take live look right now. this is the ellipse where we are just moment as way from the lighting of the national -- moments away from the lighting of the national christmas tree. erica grow has been out there all afternoon. people are still pretty excited, aren't they? >> reporter: this is such a wonderful time on the ellipse out h
volunteers are hoped to protect the residents as it approached and well after it passed. president obama, fema, the rest of the administration's team working hand in glove with their state team. in this case there was really a team. as i like to say there is no i in the word team. i should have the army corps of engineers has been particular in responding to hurricane sandy. over the years, funded by a series of storm protection projects in maryland are polite, robust and strong, healthy systems. these types of projects criticized at the time by some on my opinion because they performed exceptionally well during sandy black hundreds of millions, maybe billions of dollars in damage. ashur protection withstand storm surge in better then baked circe wells while also enhancing the environment. although the project on our coast of their job, they were weakened or in the storm not require repairs so were not for mobility future storms. unfortunately the northeast mid-atlantic received more frequent and larger storms like standing in the future. the 70 to find cost-effective ways to ensure proj
in a divided government and must not advocate his or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if
story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night d
by president obama. myranda stephens, fox45 news at ten. that brings us to our stormmvictims on maryland's easttrn shoreget more help from the ederal government?. here's our facebook page...a this question...and most of you say hey áshouldá get help. by going to acebook dot com for children made homeless by superstorm sanny, christmas will be a bit merrier and brighter...thanks to a 5-year-girl in southeasttbaltim. baltimore. keith ddniels,,.. streaming live... ii our newsroom, .../ with... the... plttle girl's idea... thatt went viral...keith. jennifer.... it's a holiday example of just how powerful social medii can be.... take a look... 5- year-old sadie and her mother annouuced the toy drive on .......and tonight.... what a cheee.ome holiday cheer. 3&padie mirjafary is a 5-year-old álittle girl..á with a ábigá heart.... he's collecting toys or christtas to be deliveeed to children made homeless by superstorm sandy.(sadie) "i don't think santa clause will know where their houses.. because they don't have a house. i think i'm going t
ceremony takes place. president obama, first lady michelle obama. their two daughters are going to flick the switch to illuminate the 30-foot spruce. now neil patrick harris will kick off the ceremony at 4:30. musical guests this year include the fray, jason mraz and james taylor. it will be live streamed by the national park service at thenationaltree.org. >>> closer to home the annual monument liking will take place this year. webb gets the honor of flipping the switch. there will be performances by local choirs and plenty of things to eat while you wait for the lights to come on. they get started at 6:00 and highlights and the fireworks come on at 7:45. >> taking the kids out. 6:00 leading up to 7:45. bring a jacket? >> my guess is yes, a jacket and then some lynette? >> not the jacket guys but the coat. the warm heavy coat. as you step out this morning and keep it around throughout the day because we're going to have the temperatures that are well below average. that cold front moved through yesterday with that we are dealing with a northwesterly flow. a very cold flow. we have those
us with more. >> this announcement by fema and the obama administration is receiving shock by all elected officials in maryland. earlier today on capitol hill senators pleaded once again with the fema director for help. >> come down from national geographic to take pictures how clean we are. they want to hear the songs. right now we're singing the blues and we're singing them loud and clear and we're singing them here. >> the senator speaks wednesday at a sub committee on hurricane sandy on capitol hill expressing sadness and disbelief that fema denied the state's request for individual assistance for the residents on the shore affected by superstorm sandy. another senator pointed out that the state was spared from the scene that happened to the north locations still received 30 inches of snow and some counties were destroyed by flooding. >> you are suffering as any part or any community of this storm with homes that are not hasn'table. >> they have pledged to appeal the denial democratic state senator of the 38th district has expressed outrage saying "i cannot remember a public p
is about to get more help from the federal government for sandy cleanup. president obama has declared a major disaster in d.c., ordering federal aid to supplement recovery efforts in areas affected by the massive storm. the declaration opens up more long-term federal aid. >> time for weather and traffic on the 1s. did you feel the cold as soon as you stepped out? >> how could you not feel it? it was obvious. let's go to tom. >> just 36 hours ago, i saw people jogging in shorts and t-shirts. it was around 7 0 degrees. now it's down below freezing. most of the region, all these areas in blue, west virginia, virginia, maryland, eastern shore in the 20s this morning. reagan national is at 35. and it's a little bit above freezing on the potomac near the bay. we've got a clear sky. a few whispy high clouds coming in from the north and west. here is your four-day forecast. afternoon highs today into the mid 40s with lots of sunshine and a light wind. and then tomorrow, we'll have a lot of cloudiness around. cold start, afternoon highs near 50 and a small chance of sprinkles and light rain. s
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